Key takeaways
- Banks selling bullion as of October 2026: TD, CIBC and RBC at branches or online; the Mint also lists BMO, through its investing arms. Scotiabank stopped in early 2021
- CIBC sells 1 oz and 1 kg gold bars; RBC branches sell Royal Canadian Mint 1 oz and kilo bars
- Bank buyback rules are strict: RBC and CIBC buy back only products they sold, with proof of purchase
- Compare on three things: premium over spot, minimum size, and the buyback price
Which Canadian banks still sell gold bars?
We checked each bank’s own pages in October 2026. Products and limits change, so confirm before you go.
| Bank | Gold bars and coins | How to buy | Selling back |
|---|---|---|---|
| TD | Gold, silver and platinum bars and coins in several weights | Online shop with home delivery or branch pickup; in branch from a TD deposit account | TD notes that selling metals back to TD Canada Trust may create a capital gain or loss; ask about terms |
| CIBC | Gold bars: 1 oz or 1 kg. Gold coins: 1/10, 1/4, 1/2 and 1 oz | CIBC Precious Metals Online (after signing in) or in branch. Online cap: $9,500 in 24 hours | Considered only with the original receipt, in pristine condition, for a product CIBC sells; no buyback of collector coins |
| RBC | Royal Canadian Mint 1 oz and kilo gold bars (99.99%), Gold Maple Leaf coins from 1/20 oz to 1 oz | At any RBC branch | Only products RBC sold to RBC clients, with proof of purchase |
| BMO | Physical gold and silver bullion, per the Royal Canadian Mint (October 2024) | Not at branch counters: through a BMO InvestorLine, BMO Nesbitt Burns or BMO Private Bank representative. The Mint says storage is included, or you can ask for physical delivery | Ask BMO |
| Scotiabank | None | The Mint says Scotiabank stopped offering precious metal products in early 2021 | - |
CIBC says there is no transaction fee on physical metals, but provincial or territorial taxes may apply and prices are held for 2 minutes. For TD prices and sizes, see our TD gold bars guide.
Can you buy gold bars from the Royal Canadian Mint?
The Royal Canadian Mint makes the Gold Maple Leaf coin (99.99% pure, 31.11 g for the 1 oz size) and its own gold bars. The Mint points buyers to more than 40 authorized “Bullion DNA” dealers across Canada.
The Mint’s online shop does list some bullion coins and “premium bullion” in special packaging. Many listings show limited stock, and shipping is to Canada and the US only. Its retail bullion prices are based on international market prices, which change daily.
Many bank and dealer bars are Mint products, so you can often buy a Mint bar without buying from the Mint.
Should you buy from a bullion dealer or Costco?
Dealers. Specialist dealers carry more brands and sizes than banks and usually post buy and sell prices. The Mint says banks often charge higher premiums than other sources, especially on small coins, and that bank staff are generally not bullion specialists. When you choose a dealer, the Mint suggests an established business, recommendations and an in-person visit if you can.
Costco. As of October 2026, costco.ca doesn’t sell gold bars or bullion coins; it sold 1 oz gold bars to members in 2023. Costco’s US website (costco.com) sells bars and coins with strict limits, but that doesn’t apply in Canada. See our Costco gold bars guide. Plan where you would sell before you buy.
Apps and digital gold. These let you buy a fraction of a gram that is held in a vault for you. Check who stores the gold, whether it is insured, the fee, and how you sell or take delivery.
How do you compare gold bar sellers?
Compare on the same product (for example, a 1 oz bar of 99.99% gold) and the same day:
- Premium type. Some sellers show a price that already includes the premium. Others show “spot plus X%” or “spot plus $X”. Turn each quote into a price per gram so you can compare.
- Minimum size. CIBC has no minimum for physical metals. Bars run from 1 g to 1 kg depending on the seller. Smaller bars cost more per gram.
- Buyback. Ask what the seller would pay today, what proof it needs, and whether it buys items bought elsewhere. RBC and CIBC buy back only what they sold.
- Limits and payment. Online caps (such as CIBC’s $9,500 in 24 hours) may push a larger order into a branch.
- Delivery and storage. Insured delivery, branch pickup or vault storage each have their own rules and costs.
Large cash payments bring ID checks: a dealer must verify your identity if you pay $10,000 or more in cash.
Which option suits you?
- You bank with TD, CIBC or RBC and want one Mint bar: a branch is simple, but compare its price with a dealer’s.
- You want the lowest premium on a larger amount: get quotes from two or three dealers for bigger bars.
- You want a small amount for a gift or a festival: a 1 g to 10 g bar or a small coin is affordable, but expect a bigger premium per gram.
- You want to buy small amounts over time: a vaulted digital product may fit. RemitBee Gold, coming in early 2027, will sell pure 24K gold from $10 with one 0.5% fee shown before you confirm; the waitlist is at gold.remitbee.com.
Gold prices can go down as well as up. Past prices don’t predict future prices.
Next steps: value a bar with the gold value calculator and check the gold price per ounce in Canada.
Common questions
Which banks sell gold bars in Canada?
Can I buy gold bars at a bank if I am not a customer?
Will a bank buy back gold I bought somewhere else?
Is it cheaper to buy gold bars from a dealer or a bank?
Sources
- TD: Precious metals
- CIBC: Precious metals purchasing
- RBC Capital Markets: Metals (retail bullion at RBC branches)
- Royal Canadian Mint: Can I buy physical bullion from a Canadian bank? (Oct 24, 2024)
- Royal Canadian Mint: Buying bullion
- Royal Canadian Mint: 2026 Gold Maple Leaf 1 oz (bullion)
- FINTRAC: When dealers in precious metals and stones must verify identity
- Global News: Costco is selling gold bars in Canada (Sept 28, 2023)